Korbit, the largest Bitcoin exchange in Korea, also provides Bitcoin wallet and merchant processing services through its product Korbit Pay, which currently has about 25,000 users on the trading platform and wallet service and around 400 merchants Korbit Pay payment service.
Korbit, one of the two venture capital-backed Bitcoin exchanges in South Korea, now controls most of the market in Korea's cryptocurrency market with high daily volume and orders. Korbit won $ 3 million in round A financing in 2014.